Con-geography question: can anyone help?

Greetings,

There are such knowledgeable people on this list, I figured maybe
someone here could help me. I was cleaning out a box of old papers and
found some notes from a good ten years ago relating to my conlang
Rozhendi. I'd envisioned a north Atlantic island (which mysteriously
does not seem to appear on any of our maps! :-) as the Rozhen homeland,
and according to the notes I found it lies between Iceland and the
Azores, somewhere between 40°-50° north latitude, and between 20°-30°
west longitude, and its size is "around half the size of Iceland", which
would make it around 50,000 square km.

So my question is: what sort of climate would a place like this have? I
had completely forgotten having come up with these figures, and I'd like
to explore where this might lead my conculturally, and the sort of
landscape and climate the people live is obviously a major factor. Also,
realistically speaking, if such an island existed, would it most likely
be volcanic like Iceland and the Azores? How fertile or arable would it
likely be? I think when I was younger I'd envisioned a magically green
and fertile place, but now I think I'd rather leave the whole fantasy
and magic thing behind and explore things from a more real-world point
of view.

Any advice or ideas welcome!

Thanks,

Thomas

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